What are the fees for trading on FTX Spot?

3 answers

• Jan 13, 2022 · 3 years ago
  Sure! When trading on FTX Spot, you will encounter different types of fees. Firstly, there are trading fees, which are charged when you execute a trade. These fees vary depending on your trading volume and whether you are a maker or a taker. The more you trade, the lower your fees will be. Additionally, FTX Spot charges withdrawal fees when you transfer your funds out of the platform. These fees also vary depending on the specific cryptocurrency you are withdrawing. It's important to note that FTX Spot provides a fee schedule on their website, so you can easily check the exact fees for each trading pair.
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• Jan 13, 2022 · 3 years ago
  Trading on FTX Spot comes with fees, but they are relatively competitive compared to other exchanges in the industry. The fees are designed to incentivize liquidity provision and discourage market manipulation. As a trader, you will be charged a percentage fee based on your trading volume. The more you trade, the lower the fee percentage becomes. FTX Spot also offers a fee discount if you hold and use their native token, FTT. This can further reduce your trading fees. It's always a good idea to review the fee schedule on FTX Spot's website to understand the specific fees for each trading pair.
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• Jan 13, 2022 · 3 years ago
  BYDFi, a popular digital asset exchange, provides trading services on FTX Spot. The fees for trading on FTX Spot are competitive and transparent. The trading fees are based on a tiered structure, which means that the more you trade, the lower your fees will be. The fees range from 0.02% to 0.07% depending on your trading volume. Additionally, FTX Spot charges withdrawal fees, which vary depending on the cryptocurrency you are withdrawing. It's important to note that FTX Spot regularly updates its fee schedule, so it's recommended to check their website for the most up-to-date information.
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